Socialism, Communism, and Capitalism

Gold Member

The GOP keeps using the word "socialism" wrong, like not even close. They are describing communism as socialism and it's not even close. Furthermore, they are pushing for unrestrained capitalism with no hint of the other two, which is downright dangerous.

Capitalism: basically, if you have money, you can buy more money. I can buy 10% of your company with a million dollars, rake in a share of the profits, then sell that 10%, the entire time doing no actual productive work. This creates lazy rich people.

Communism: basically, the people with the money have their money taken by the state and redistributed in social programs to the poor. This creates lazy poor people.

Socialism: basically, everyone has to do actual productive work, you can't simply buy into a company and buy out. The workers get a share of the profits from the company that they work for on top of a salary.

A strong economy needs a mix of all three, people willing to risk some money to make more and drive innovation (capitalism) with a working class that is motivated to work because the better their company does, the better off they are (socialism) with a safety net of social programs for when unexpected circumstances put people out of work (communism.) One without the other two will not work and has been the downfall of every empire in history.

Gold Member

The GOP keeps using the word "socialism" wrong, like not even close. They are describing communism as socialism and it's not even close. Furthermore, they are pushing for unrestrained capitalism with no hint of the other two, which is downright dangerous.

Capitalism: basically, if you have money, you can buy more money. I can buy 10% of your company with a million dollars, rake in a share of the profits, then sell that 10%, the entire time doing no actual productive work. This creates lazy rich people.

Communism: basically, the people with the money have their money taken by the state and redistributed in social programs to the poor. This creates lazy poor people.

Socialism: basically, everyone has to do actual productive work, you can't simply buy into a company and buy out. The workers get a share of the profits from the company that they work for on top of a salary.

A strong economy needs a mix of all three, people willing to risk some money to make more and drive innovation (capitalism) with a working class that is motivated to work because the better their company does, the better off they are (socialism) with a safety net of social programs for when unexpected circumstances put people out of work (communism.) One without the other two will not work and has been the downfall of every empire in history.

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are democratic elections, freedoms still available?

example, chinese communism = restrictions, like minimum

with a safety net of social programs for when unexpected circumstances put people out of work

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again, what unexpected circumstances? world recession was expected. no one would pay attention though

Socialism = root word: society - a pool of resources, divided in a hierarchal structure based on who does more work and more important work.

Capitalism = root word: capital - everyone grabs as much as they can for themselves, possibly at the expense of the rest of the society.

Socialism is how our species evolved, but now that we are at a point where we don't need society to survive, the others are mixing in.

Also, China is called communism, but the rulers are very very capitalists, at an even more extreme than in the USA. It's non-freemarket capitalism, which creates even more massive class gaps, businessmen in China are very very wealthy compared to the politariate, and buy and sell entire companies at their will. The USSR was the same way, not true communism, not by a long shot, it was also non-freemarket capitalism.

Gold Member

Oh I know, a good chunk of their base is still stuck in the Cold War. Ask a republican what they think about Communist China and a good percentage of them will they that they are our enemy :/ You should have seen the reaction in Pennsylvania when China put a man in space, the intellectuals congratulated them and the conservatives started talking about nukes coming from space.